EPRA Earnings per share for H1 2020 amounts to 0.49 euros, an increase of 8%.
For 2020, WDP confirms the envisaged gross dividend of 0.80 euro (an increase of 8%), based on the previously communicated outlook of an EPRA Earnings of 0.95 to 1.00 euro per share whereby WDP currently expects to end at the high end of the range.
Towards the end of the second quarter, WDP has seen business activity resume faster than expected and sees today, and also post-Covid-19, a sustained demand for modern logistics space in order to realise its 2019-23 business plan.
During the first half of 2020, a package of around 200 million euros in new investment was secured in the context of the 2019-23 growth plan.
Having a robust balance sheet, a strong liquidity position, as well as a diversified property portfolio that is crucial to the supply chain, WDP believes it is well positioned to weather the crisis caused by the Covid-19 pandemic.
This outlook is based on the current knowledge and assessment of the crisis, and except for a severe negative impact caused by future corona waves and/or lockdowns. https://www.wdp.eu/sites/default/files/items/files/3._publicatie_hy_2020_31.07.2020.pdf